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Industrial Bank of Korea (IBK) CEO Kim Seong-tae pledged to nurture the bank to a target value of 500 trillion won ($378 billion) in total assets by 2025. “IBK aims to become a top-notch international financial group,” Kim said during a press meeting in Seoul on Tuesday commemorating his first 100 days in office. ....
The Industrial Bank of Korea (IBK) is set to appoint a new leader from within its ranks rather than parachuting in an outside figure, amid growing criticism over the government s long-held custom of nominating bureaucrats for the position. According to sources from the financial industry here, IBK Deputy CEO Kim Seong-tae is widely expected to replace outgoing CEO Yoon Jong-won when his term ends on Jan. 2. ....
The Industrial Bank of Korea (IBK) and BNK Financial Group are moving to reshuffle their top management. This will be the first major shakeup in the financial sector as the year-end organizational reform period draws closer. IBK CEO Yoon Jong-won ends his three-year tenure in January 2023. He has expressed his intention to step down from the post without extending his term. ....